Types of Insurance

  High Auto Insurance Rates in Michigan and How They’re Set Everyone is talking about the high auto insurance rates in Michigan. In fact, we pay some of the highest premium prices in the country. What few people know and understand are the factors that go into setting those rates and why. Grand Rapids auto accident attorney and Grand Rapids personal injury attorney, Tom Sinas, explained Michigan’s rate-setting practices in a recent Fox 17 Know the Law segment. High auto insurance rates is a hot topic of debate right now and continues to build momentum heading into election season. With the no-fault system under scrutiny and proposed changes in front of legislation, it’s important to understand how these premiums are set to determine if no-fault is really  at fault . No Regulatory Oversight of High Auto Insurance Rates in Michigan First, it’s important to mention that Michigan has very loose regulatory oversight of premium setting practices with regar...

  The Actual Cost of Auto Insurance in 2024   Auto insurance is a mandatory expense for vehicle owners, providing financial protection against accidents, theft, and other unforeseen events. However, the cost of auto insurance can vary widely depending on a range of factors. As we move through 2024, understanding the actual cost of auto insurance requires a comprehensive look at these variables and how they influence premiums. This article explores the key elements that impact auto insurance costs in 2024, offering insights into what consumers can expect and how they can manage their insurance expenses. Economic Influences Inflation and Economic Conditions Inflation has been a significant factor affecting auto insurance premiums in 2024. As the cost of goods and services rises, so does the cost of vehicle repairs, medical expenses, and overall claim settlements. Insurers adjust their rates to keep pace with these increasing costs, leading to highe...

  A Guide to No Down Payment Car Insurance If you’re looking for car insurance and can’t afford a large down payment, you might be intrigued by the promise of insurance that doesn’t require one. However, no down payment car insurance is a little misleading as it technically doesn’t exist. Every reputable car insurance company will require a deposit before your policy goes into effect. No down payment car insurance refers to insurance that only requires you to pay a portion of your premium, often equivalent to your first month’s bill, as a down payment. Learn what no down payment car insurance really means and where to find cheap low down payment car insurance. Key Takeaways Understanding No Down Payment Car Insurance: No down payment insurance technically doesn’t exist, as every reputable insurer will require some form of payment upfront. No down payment car insurance usually refers to a policy that require...

  Infinity Insurance Insurance Company at a Glance Founded in 1955 The Kemper Corporation is the parent company Second largest writer of non-standard automobile insurance in the nation Offers auto insurance , business insurance, life insurance, and home insurance Coverage available in 50 states and the District of Columbia “A-” (excellent) rating by A.M. Best “A-” (excellent) rating by the Better Business Bureau (BBB) Also offers health and valuables coverage 24/7 claims reporting with email option Strong financial stability Online or by phone claims reporting Free DriverClub® membership Infinity Insurance pros: Well-established carrier with more than 65 years’ worth of experience in the insurance industry. Highly rated by A.M. Best and the BBB. 24/7 claims reporting via online or by phone. Strong financial stability. Coverage available in 50 states and the Distr...